mohammed bin salman
Posted inNews
Saudi Arabia’s car-free sci-fi city ‘The Line’: 5 facts you need to know
The Line will have no roads, cars or emissions, and will run on 100% renewable energy
Posted inDRILLING & PRODUCTION
UAE supports Saudi call for emergency OPEC+ meeting
The OPEC+ emergency meeting has been postponed due a deepening dispute between Russia and Saudi Arabia
Posted inNews
Scaramucci says Aramco IPO ‘reasonably priced’, predicts international listing
Former White House communications officer Anthony Scaramucci called the IPO a success, and expects an international listing would also perform well
Posted inDRILLING & PRODUCTION
Saudi Aramco valued at $1.88trn after market debut
The company’s shares hit the daily 10% limit of $9.39 (35.20 Saudi riyals) as trading began today
Posted inDRILLING & PRODUCTION
Saudi Arabia’s 2020 budget projects $49.87bn deficit
Crown Prince Mohammed bin Salman said that economic reform programmes have started to yield results, and emphasised the importance of the private sector in developing the kingdom’s economy
Posted inDRILLING & PRODUCTION
Saudi Aramco’s $25.6bn IPO will be the world’s largest
Saudi Aramco has decided on a valuation of $8.53 per share, allowing it to unseat Alibaba’s $25bn as the world’s largest IPO
Posted inDRILLING & PRODUCTION
Banks offer Saudi Aramco valuations between $1.1trn and $2.5trn
16 banks each gave an Aramco valuation, and few seem to agree, with a $1.4trn spread from lowest to highest
Posted inDRILLING & PRODUCTION
Saudi Aramco delays IPO amid doubts about $2trn valuation
The delay will last at least several weeks as bankers include Saudi Aramco’s Q3 results into their pre-IPO assessments